City of Newark - File #: 11-0037

• File #: 11-0037
• Version: 1
• Type: Resolution
• Status: Adopted
• File created: 1/14/2011
• In control: Economic and Housing Development
• On agenda: 1/19/2011
• Final action: 1/19/2011
• Title: Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Emergency to be declared and Ordinance No. 6PSF-c. 011911 Purpose: Due to important public policies served by the construction of an affordable housing residential project in the South Ward by H.E.L.P. Genesis Clinton Urban Renewal, L.P. and the risk the project will lose its tax credit funding if it cannot commence the project within the time period required by NJHMFA. Additional Information: N/A

Date	Ver.	Action By	Action	Result
1/19/2011	1	Municipal Council	Adopt	Pass

Title

Dept/ Agency:  Economic & Housing Development

Action:  (   ) Ratifying     (X) Authorizing     (   ) Amending

Type of Service:  Emergency to be declared and Ordinance No. 6PSF-c. 011911

Purpose:  Due to important public policies served by the construction of an affordable housing residential project in the South Ward by H.E.L.P. Genesis Clinton Urban Renewal, L.P. and the risk the project will lose its tax credit funding if it cannot commence the project within the time period required by NJHMFA.

Additional Information:  N/A